US Mint Ceases Penny Production, Citing High Costs and Supply Surplus

pymnts.com/commerce/2025/us-mint-ceases-penny-production-citing-high-costs-and-supply-surplus

The U.S. Treasury announced it would halt the production of the nation’s circulating one-cent coin this week, citing escalating manufacturing costs and deeming the currency unnecessary for modern commerce, USA Today reported Wednesday (Nov. 12).




According to the report, U.S.…

This story appeared on pymnts.com, 2025-11-12 22:41:12.
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